EasyJet Board Recommends Apollo's Higher Offer Over Castlelake's

easyJet Apollo Global Management Castlelake

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EasyJet's board has accepted Apollo Global Management's cash offer of £7.15 per share, valuing the airline at £5.7 billion, surpassing Castlelake's previous bid.
The airline faces regulatory hurdles within EU law regarding ownership and control.

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EasyJet's board has accepted Apollo Global Management's cash offer of £7.15 per share, valuing the airline at £5.7 billion, surpassing Castlelake's previous bid. The airline faces regulatory hurdles within EU law regarding ownership and control.

Read the full article on Euronews Business

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This article was originally published by Euronews Business.

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